Shanghai Electric Group (HKG:2727) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥116.2b (up 1.2% from FY 2023).
- Net income: CN¥752.5m (up 164% from FY 2023).
- Profit margin: 0.6% (up from 0.2% in FY 2023).
- EPS: CN¥0.048 (up from CN¥0.018 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Shanghai Electric Group Earnings Insights
Looking ahead, revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Electrical industry in Hong Kong.
Performance of the Hong Kong Electrical industry.
The company's shares are down 3.9% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 1 warning sign for Shanghai Electric Group that you need to be mindful of.
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